The US has indicted two developers of Tornado Cash, a cryptocurrency mixer, for aiding criminals in money laundering. According to the federal authorities, Roman Storm and Roman Semenov conspired in circumventing sanctions and assisting hackers in laundering over $1 billion in cryptocurrency. While Storm was arrested in Washington, Semenov, a Russian national, is still on the run.

Hackers are selling counterfeit phones with crypto-stealing malware
Kaspersky has identified thousands of low-cost Android smartphones sold online that come with preinstalled malware programmed to steal cryptocurrency details. The devices are infected with